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Bloomberg • Brian W Smith, Caleb Mutua, Davide Barbuscia

SpaceX bond debut draws ~$89B demand but faces scrutiny over high-grade ratings

SpaceX’s first high-grade bond offering attracted about $89 billion in demand—reported as more than triple the deal’s size—following its record-setting IPO. New coverage highlights lingering questions from credit-market skeptics around the company’s leverage and the robustness of its investment-grade profile.

2026-06-23T09:41:09.491128-07:00

Payload

Sophia Space taps Apex Space to bring AI edge computing onboard satellites

2026-06-23T06:12:20.351808-07:00

Bloomberg

Valor Equity Partners to raise ~$2.5B fund as SpaceX goes public

2026-06-23T05:26:00.726105-07:00

Ars Technica

SpaceX’s Starfall demo: reusable capsule for orbit-and-return in-space manufacturing and pharma

2026-06-22T22:40:31.194852-07:00

News Timeline

Bloomberg

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SpaceX bond debut draws ~$89B demand but faces scrutiny over high-grade ratings SpaceX’s first high-grade bond offering attracted about $89 billion in demand—reported as more than triple the deal’s size—following its record-setting IPO. New coverage highlights lingering questions from credit-market skeptics around the company’s leverage and the robustness of its investment-grade profile.

2026-06-23T09:41:09.491128-07:00

SpaceX bond debut draws ~$89B demand but faces scrutiny over high-grade ratings

Payload

Sophia Space taps Apex Space to bring AI edge computing onboard satellites Sophia Space has selected Apex to test orbital “edge computing,” aiming to process AI data directly in space rather than relying solely on ground-based compute. The partnership focuses on validating the satellite processing architecture and enabling a faster, more autonomous data workflow for spaceborne AI use cases.

2026-06-23T06:12:20.351808-07:00

Sophia Space taps Apex Space to bring AI edge computing onboard satellites

Bloomberg

Valor Equity Partners to raise ~$2.5B fund as SpaceX goes public Antonio Gracias’ Valor Equity Partners plans to raise about $2.5 billion to invest in space startups and build on its role as an early backer of SpaceX ahead of the company’s recent IPO. The fundraising underscores how public-market momentum is accelerating venture capital deployment across the space sector.

2026-06-23T05:26:00.726105-07:00

Valor Equity Partners to raise ~$2.5B fund as SpaceX goes public

Reuters

Firefly Aerospace expected to win $110M EXIM loan to expand Texas spacecraft production capacity Firefly Aerospace is expected to secure a $110 million U.S. Export-Import Bank (EXIM) loan, according to a Reuters-reviewed document, aimed at funding expansion of the company’s spacecraft production facilities in Texas. The financing is intended to scale output as Firefly ramps manufacturing.

2026-06-22T22:58:14.165752-07:00

Firefly Aerospace expected to win $110M EXIM loan to expand Texas spacecraft production capacity

Ars Technica

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SpaceX’s Starfall demo: reusable capsule for orbit-and-return in-space manufacturing and pharma SpaceX has launched and is debuting its Starfall reentry capsule in its first orbit-and-return demonstration, aimed at testing reusable hardware that could enable on-orbit production and return logistics. The activity also pairs with major corporate financing—reportedly a $20B public bond offering—marking a dual milestone for the program.

2026-06-22T22:40:31.194852-07:00

SpaceX’s Starfall demo: reusable capsule for orbit-and-return in-space manufacturing and pharma

Bloomberg

India to share Polar Satellite Launch Vehicle technology to accelerate local space-industry development India plans to share technology tied to its Polar Satellite Launch Vehicle (PSLV), described as the country’s most reliable rocket, to help speed development of domestic space firms. The move is aimed at reducing development friction for indigenous capability-building across the local space sector.

2026-06-22T22:25:40.296268-07:00

India to share Polar Satellite Launch Vehicle technology to accelerate local space-industry development

NASA Spaceflight

SpaceX debuts Starfall uncrewed cargo return demonstrator; FAA-reviewed reentry hardware heads to flight alongside NASA Swift re SpaceX will launch its uncrewed Starfall cargo return demonstrator from Florida using a new vehicle configuration, targeting return-of-hardware technology validation. The same launch period features a Pegasus XL mission to rescue NASA’s Swift Observatory, reflecting parallel efforts to extend spacecraft operational life through rapid-response logistics.

2026-06-22T14:11:30.498182-07:00

SpaceX debuts Starfall uncrewed cargo return demonstrator; FAA-reviewed reentry hardware heads to flight alongside NASA Swift re

Via Satellite

Former SES exec John-Paul Hemingway tapped to lead Vast’s satellite manufacturing business John-Paul Hemingway, previously a senior executive at SES, has joined Vast to lead business development for the company’s new satellite manufacturing venture. The appointment signals Vast’s shift toward in-house manufacturing as it builds out its satellite supply chain and commercial partnerships.

2026-06-22T12:57:25.563947-07:00

Former SES exec John-Paul Hemingway tapped to lead Vast’s satellite manufacturing business

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Commercial Space News

SpaceX bond debut draws ~$89B demand but faces scrutiny over high-grade ratings

Sophia Space taps Apex Space to bring AI edge computing onboard satellites

Valor Equity Partners to raise ~$2.5B fund as SpaceX goes public

SpaceX’s Starfall demo: reusable capsule for orbit-and-return in-space manufacturing and pharma

News Timeline